What will it take to launch the first must-have AI consumer product? Maybe $700 million.
At least according to Hark, an AI lab building models and hardware for an AI personal assistant, which said on Thursday that it had raised that much in a Series A round that values it at $6 billion post-money.
The mega round was led by Parkway Venture Capital, and included Align Ventures, AMD Ventures, ARK Invest, Brookfield, Greycroft, Intel Capital, Prime Movers Lab, Qualcomm Ventures, Salesforce Ventures, and Tamarack
Global. (Phew!)
Perhaps what’s most notable about the fundraise is how little Hark has revealed about what it is building. Founder and CEO, Brett Adcock, also the entrepreneur behind robotics company Figure.AI and electric aircraft builder Archer, launched Hark in late 2025 with $100 million of his own money to develop an agentic AI system that serves as a universal interface with the digital world.
Hark expects to release its first multi-modal models this summer, which it says will power a personal AI platform that works with existing products and services. The company expects to follow that with hardware devices built specifically for those systems.
The fresh cash will be spent on recruiting top talent for hardware, product design and AI research, and on securing compute and components. The company currently has 70 employees, and runs a data center with Nvidia B200 GPUs.
Abidur Chowdhury (pictured above in a promo video), a former Apple product executive, is Hark’s director of design. He declined to reveal new details of what he’s working on when TechCrunch peppered him with questions this week, but said investors were impressed by a series of demos from his team.
“I haven’t seen anything that feels like something that will really help like the normal person,” Chowdhury said, speaking of the AI products on the market. “People are really building things to help people make software, and it’s working, and it’s really impactful, but we haven’t really seen that for the normal person yet.”
He noted that while Anthropic is prioritizing coding tools and OpenAI is moving in the same direction ahead of its IPO, few companies are focused solely on building interfaces and native hardware the way Hark is. “With this focus, with this great team that we have, and this round that we’ve raised, I think we can make something really special in this space,” Chowdhury said.
Still, there are more questions than answers. One challenge will be providing the context of a customer’s life to an AI assistant without making the people around the user uncomfortable or violating their privacy. Wearables like Meta’s existing glasses or the forthcoming Android spectacles don’t seem to have solved this problem. When asked how he might square this particular circle, Chowdhury only smiled.
“Sounds like that would make a great product.”
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Tim Fernholz is a journalist who writes about technology, finance and public policy. He has closely covered the rise of the private space industry and is the author of Rocket Billionaires: Elon Musk, Jeff Bezos and the New Space Race. Formerly, he was a senior reporter at Quartz, the global business news site, for more than a decade, and began his career as a political reporter in Washington, D.C. You can contact or verify outreach from Tim by emailing tim.fernholz@techcrunch.com or via an encrypted message to tim_fernholz.21 on Signal.
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